Press release
Breakfast Cereals Market could be worth US$ 57,482.17 million by 2028, says Premium Market Insights
Breakfast Cereals Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Ready to Eat and Ready to Cook), Category (Organic and Conventional), Type (Low Sugar and Regular), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retail, and Others) The breakfast cereals market is projected to reach US$ 57,482.17 million by 2028 from US$ 44,831.48 million in 2022. It is expected to grow at a CAGR of 4.2% during 2022-2028.Get PDF Sample Report + All Related Table and Graphs @: https://www.premiummarketinsights.com/sample/TIP00073548?utm_source=OpenPR&utm_medium=10823
Competitive Landscape: Breakfast Cereals Market:
The growth of the breakfast cereals market is driven by the rise in product offerings by breakfast cereals manufacturers. People are highly conscious about their health, particularly the young generation, creating a high demand for packed and ready-to-eat food products with high protein content, which are gluten-free and contain zero additives. Thus, the key players are innovating their product portfolio to attract a more consumer base. The demand for the breakfast cereal market is anticipated to grow in the forecast period due to increasing awareness concerning health and nutrition. People are careful with their food intake, and this is making them more conscious about the amount of fat, sugar, and other ingredients quality while buying the packed food products. Hence, the shift in consumption trends has forced firms in the breakfast cereal industry to come up with innovative and healthier products.
Based on type, the global breakfast cereals market is segmented into low sugar and regular. In 2021, the regular segment accounted for a larger market share, and low sugar is expected to register a higher CAGR during the forecast period. The demand for breakfast cereal containing whole grains and low sugar is higher due to the growing incidence of diabetes, obesity, and other diseases. In addition, growing disposable income has led to the increasing consumption of healthy food items containing vitamins, minerals, and other nutrients. According to NHS, an adult in the UK should not have more than 30g of free sugar on a daily basis.
The Kellogg Company
WEETABIX
Bob's Red Mill Natural Foods
General Mills Inc.
Nestl? SA
Nature's Path Foods
The Quaker Oats Company
Carman's Fine Foods Pty Ltd.
Calbee, Inc.
Guilin Seamild Foods Co Ltd.
Chapter Details of Breakfast Cereals Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Breakfast Cereals Market Landscape
Part 04: Breakfast Cereals Market Sizing
Part 05: Breakfast Cereals Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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